Telford, Shropshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Telford when compared to any previous February.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 128 companies were registered in Telford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 10.3% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)TelfordUK
    2010128105,137
    200911691,034
    % change10.3%15.5%
    Record Year 2003 (171) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010373952
    New companies in 2009302858
    % change23.3%39.3%-10.3%
    Record Year2003 (46)2007 (57)2003 (75)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 91 companies were dissolved in Telford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 11.7% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)TelfordUK
    20109182,677
    2009103108,060
    % change-11.7%-23.5%
    Record Year 2009 (103) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Telford when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010242740
    Closed companies in 2009162463
    % change50.0%12.5%-37%
    Record Year2006 (34)2010 (27)2009 (63)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Telford during the first quarter of 2010 (Jan 2010 - Mar 2010) was 37 companies.

    first quarter (Jan 2010 - Mar 2010)TelfordUK
    20103722,460
    200913-17,026
    Record Year 2003 (129) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010131212
    Net growth in 2009144-5
    Record Year2003 (26)2007 (45)2003 (67)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Telford formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Telford
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.2%
    % change14.5%19.3%-25.5%
    Record Year1962 (0.4%)1974 (0.5%)1983 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.9.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Telford was in 1861 when 40.0% of all directors were female.

    25.5% of all director appointments in Telford in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.51%MANAGEMENT5.01%
    SHROPSHIRE1.51%CONSULTING4.60%
    TELFORD1.13%CONSULTANCY2.87%
    ELECTRICAL1.13%PROPERTY2.50%
    BUILDING1.00%ASSOCIATES2.04%
    ASSOCIATES0.88%TRADING1.93%
    (TELFORD)0.88%DESIGN1.91%
    DEVELOPMENTS0.75%CONSTRUCTION1.87%
    J0.75%MEDIA1.84%
    CARE0.63%BUSINESS1.74%
    MAINTENANCE0.63%INTERNATIONAL1.73%
    PROPERTY0.63%CONSULTANTS1.63%
    BUSINESS0.63%ENGINEERING1.54%
    TRAINING0.63%J1.48%
    CONSULTANCY0.50%LONDON1.45%
    HOME0.50%INVESTMENTS1.45%
    CONSULTANTS0.50%GROUP1.37%
    MEDIA0.50%GLOBAL1.35%
    ENGINEERING0.50%PROPERTIES1.35%
    TECHNOLOGY0.50%BUILDING1.34%
    (SHROPSHIRE)0.50%CARE1.33%
    M0.50%ELECTRICAL1.30%
    ACADEMY0.38%M1.28%
    HOUSE0.38%SYSTEMS1.25%
    COURIERS0.38%S1.23%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied257228,645
    7487 - Other business activities5474,904
    9999 - Dormant Company2819,948
    7260 - Other computer related activities2710,331
    62020 - Information technology consultancy activities239,943
    7414 - Business & management consultancy2217,003
    7222 - Other software consultancy and supply199,659
    82990 - Other business support service activities not elsewhere classified1926,974
    74990 - Non-trading company188,149
    7499 - Non-trading company1715,398
    62090 - Other information technology service activities126,340
    4521 - General construction & civil engineering119,325
    9305 - Other service activities119,038
    74909 - Other professional, scientific and technical activities not elsewhere classified107,143
    6024 - Freight transport by road93,665
    96090 - Other service activities not elsewhere classified98,154
    70229 - Management consultancy activities other than financial management814,007
    7450 - Labour recruitment73,809
    99999 - Dormant Company713,808
    7420 - Architectural, technical consult62,843

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07208314 TASK FORCE 1 LTD 30 Mar 2010
    07205108 DOMESTIC BUILDING SOLUTIONS LTD 26 Mar 2010
    07204252 WREKIN HOME SUPPLIES LIMITED 26 Mar 2010
    07198682 PRECISION CUT TEXTILES LTD 22 Mar 2010
    07197283 PRESHUNT LIMITED 22 Mar 2010
    07187409 NADIA GHAFFAR LIMITED 12 Mar 2010
    07186326 CLEAR ORIGIN LTD 11 Mar 2010
    07185347 VERITY SOLUTIONS LIMITED 10 Mar 2010
    07183467 D. TUDOR ELECTRICAL LIMITED 09 Mar 2010
    07180592 KWIK CHANGE LTD 06 Mar 2010
    07175579 TELFORD PAVING LIMITED 03 Mar 2010
    OC353455 LITERARY LIONS LIMITED LIABILITY PARTNERSHIP 22 Mar 2010
    07207221 MORRIS MELLETT RENEWABLES LIMITED 30 Mar 2010
    07199525 KEYRING AND RETURN LTD 23 Mar 2010
    07195060 TRILLION STARS COMPANY LIMITED 18 Mar 2010
    07188999 CARL TAYLOR LTD 15 Mar 2010
    07184642 CYCLEBUZZ LTD 10 Mar 2010
    07179779 F5 CONSULTANCY LIMITED 05 Mar 2010
    07179391 SOURCERADIO.NET LTD 05 Mar 2010
    07177446 SOURCERADIO LTD 04 Mar 2010
    07207049 FOUR PAWZ PINZ & THINGZ LTD 29 Mar 2010
    07172728 DAFFODILS WHOLESALE LIMITED 01 Mar 2010
    07191921 ADAMSON SPECIALIST BUILDING FINISHES LTD 16 Mar 2010
    OC353701 ANNABEL CHURCH LETTINGS LLP 30 Mar 2010
    07198945 FB PROJECT MANAGEMENT & SERVICES LIMITED 23 Mar 2010